SOFR futures open interest has continued on a growth path as well. On 19 October 2021, it reached record 1,166,016, which up 170% and increased 16% in one month, having surpassed one million contracts of open interest on 15 September 2021. Agha Mirza, CME Group Global Head of Rates and OTC Products, said: As the…
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Steve Sanders, EVP of Marketing and Product Development at Interactive Brokers, said: Interactive Brokers has its roots in technological innovation and Request for Payment is yet another example of how we offer clients advanced technology solutions to make it simple to fund and manage accounts. Both new retail investors and our active trader client base…
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The CFTC explained that in order to qualify for the award, a whistleblower who provided significant information to an investigation, must demonstrate a connection between their contribution and the regulator’s ability to successfully complete its investigation, and to either obtain a settlement or prevail in a litigated proceeding. The CFTC has determined that this whistleblower…
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Under the German Banking Act (Kreditwesengesetz – KWG), companies conducting banking business or provide financial services in Germany are required to have an authorisation. BaFin stated: BaFin, the German Federal Criminal Police Office (Bundeskriminalamt – BKA) and the German state criminal police offices (Landeskriminalämter) recommend that anyone seeking to invest money online should exercise the…
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Ed Tilly, Chairman, President and CEO of Cboe Global Markets, said: We believe our acquisition of ErisX, coupled with broad industry participation and support, will help us bring the regulatory framework, transparency, infrastructure and data solutions of traditional markets to the digital asset space. ErisX has shown an unwavering commitment to improving spot and derivatives…
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Mattus remarked the few advantages the new trading platform has over its predecessor. Among the new features in MetaTrader 5 are its optimized interface, improved speed, upgraded charting and tools. Tickmill Group clients can now benefit from a more powerful trading experience with a larger range of technical indicators and graphical objects, along with customizable…
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FINMA said: The way in which the observation activities were planned and carried out revealed serious shortcomings in the bank’s corporate governance. Observations were not specifically prohibited in Credit Suisse’s policies, but neither were they regulated. Corresponding risk management processes and integration into the internal control system were lacking. In most cases, decisions to carry…
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CAPEX recently launched StoX, their 0-commission, unleveraged stock trading product. QuantX is driven by the brand’s strategy to extend its product range. The “X” branded line of services aims to disrupt and change the global perception of what online trading means in 2021 and to produce complex products and markets more accessible to investors. Christina…
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Anton Tsoy, Country Manager for Kazakhstan at Vantage FX, commented: Since I entered the space in 2011, I’ve had dreams of establishing a new, customer-centric style of brokerage in Kazakhstan. Vantage FX first got my attention for its impressive footprint of global licenses and notable award wins, but what really drew me in was how…
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Clients can access the Prime Direct Platform via StoneX’s digital platform allowing them to trade US equity and options while leveraging StoneX’s white-glove service and technical expertise. The Prime Direct offering is designed to make prime brokerage services that are provided by top-tier financial institutions to clients with the institutional-grade algo order routing that emerging…
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